NOT LISTED FOR SALE

Estimated Value: $550,000 - $672,000

1 Bed
1 Bath
921 Sq Ft
$680/mo HOA Fee

Last Sold June 30, 2020

Last sale price $335,000 $364 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $4,763/month

30 Days on Market

Highlights

  • Beach Front
  • Fitness Center
  • Oceanside
  • Ocean View
  • In Ground Pool
  • 1.06 Acre Lot

About This Home

As of June 2020

RARE OPPORTUNITY! RENOVATED OCEANFRONT BUILDING WITH GREAT OCEAN VIEWS! Just down the street from Pier Village, Restaurants, Shopping... Live the Lifestyle! New Renovated Kitchen, Granite Counter-tops, Stainless Steel Appliances, new flooring, freshly painted, etc.! Large Living Room w/ sliding door leading to balcony with Wonderful Ocean views, where you can Enjoy your Morning Coffee or Peaceful Evenings to the sound of the Ocean looking at the Horizon! Private in-ground pool area just steps from the beach. Additional storage in basement with bike storage available. Spacious unit. Take advantage of this opportunity for ownership along the Long Branch redevelopment high-end oceanfront! JUST MOVE IN AND UNPACK! A MUST SEE!

Last Listed By

Lou Ventre

C21 Thomson & Co. License #9700210 Listed on: 05/02/2020

C21 Thomson & Co.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,785

Year Built

  • 1972

Lot Details

  • Landscaped

HOA Fees

  • $680 Monthly HOA Fees

Home Design

  • Flat Roof Shape

Interior Spaces

  • 1-Story Property
  • Crown Molding
  • Ceiling Fan
  • Light Fixtures
  • Sliding Doors
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Storage
  • Basement

Kitchen

  • New Kitchen
  • Portable Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Common or Shared Parking
  • On-Street Parking
  • Visitor Parking
  • Off-Street Parking
  • Assigned Parking

Pool

  • In Ground Pool
  • Outdoor Pool

Outdoor Features

  • Oceanside
  • Exterior Lighting
  • Outdoor Storage

Schools

  • Long Branch Middle School
  • Long Branch High School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 27-00142-0000-00003-512

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include - see remarks, trash, common area, exterior maint, lawn maintenance, pool, rec facility, snow removal
  • High-Rise Condominium
  • Anchorage Subdivision
  • On-Site Maintenance

Amenities

  • Common Area
  • Community Center
  • Recreation Room
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Recreational Area
  • Snow Removal

Security

  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,785

Year Built

1972

Lot Details

0

HOA Fees

$680 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoLotFeatures: See Remarks, Other, Beachfront, Oceanfront, Oceanside
  • ResoPoolFeatures: See Remarks, Other, In Ground
  • Reso Association Amenities: Other - See Remarks, Professional Management, Extra Storage, Controlled Access, Common Laundry, Association, Exercise Room, Community Room, Common Access, Pool, Common Area, Landscaping
  • Reso Association Fee Includes: Other - See Remarks, Trash, Common Area, Exterior Maint, Lawn Maintenance, Pool, Rec Facility, Snow Removal
  • Inclusions: AC Units, Ceiling Fan(s), Counter Top Range, Dishwasher, Light Fixtures, Microwave, Refrigerator
  • Subdivision Name: Anchorage
  • Architectural Style: High Rise, One Level Unit, Other - See Remarks
  • Reso Flooring: Laminate, Linoleum/Vinyl, Tile
  • Reso Interior Features: Balcony, Dec Molding, Elevator, Sliding Door
  • Property Attached Yn: Yes
  • General Property Info Waterview: Yes
  • General Property Info Basement: Yes
  • General Property Info Assigned Parking: Yes
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • Interior Sliding Door: Yes
  • Water Type Oceanfront: Yes
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • Exterior Swimming: Yes
  • Common Elements Common Area: Yes
  • Common Elements Community Room: Yes
  • Common Elements Controlled Access2: Yes
  • Common Elements Exercise Room: Yes
  • Common Elements Extra Storage: Yes
  • Common Elements Pool4: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Fee Includes Pool3: Yes
  • Lot Description Oceanfront2: Yes
  • Exterior Controlled Access: Yes
  • Fee Includes Rec Facility: Yes
  • General Property Info Acreage: 1.06
  • Location Middle School: Long Branch
  • Kitchen Newer: Yes
  • Water Heater Electric2: Yes
  • Exterior Storage: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Exterior Lighting: Yes
  • Interior Balcony: Yes
  • Interior Dec Molding: Yes
  • Included Light Fixtures: Yes
  • Number Appliances Included A C Units: Yes
  • Included Ceiling Fan(s): Yes
  • Common Elements Landscaping: Yes
  • Dining Room Dec Molding4: Yes
  • Kitchen GraniteStone Counter: Yes
  • Living Room Dec Molding3: Yes
  • Floors Laminate: Yes
  • Kitchen Dec Molding5: Yes
  • Living Room Sliding Door2: Yes
  • Floors Tile: Yes
  • Cooling Multi Units: Yes
  • Included Counter Top Range: Yes
  • Exterior Rec Area: Yes
  • Parking Visitor: Yes
  • Water Type Beachfront: Yes
  • Common Elements Common Laundry: Yes
  • Lot Description Beachfront2: Yes
  • Style High Rise: Yes
  • Special Features: None
  • Year Built: 1972

Interior Features

  • Basement: Other
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Total Bedrooms: 6
  • Stories: 1
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Foyer: Yes
  • BasementOther: Yes
  • Features-Interior:Elevator: Yes

Exterior Features

  • Roof: Other - See Remarks, Flat
  • Acres: 1.06
  • Waterfront Features: Other - See Remarks, Beachfront, Oceanfront, Oceanside/Beach Blk, Oceanview
  • Waterfront: Yes
  • Exterior Features: Balcony, Controlled Access, Part Storage, Private Storage, Rec Area, Storage, Swimming, Other, Lighting
  • Exterior Features:Pool-In Ground: Yes
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: See Remarks, Other, Assigned, Common, Off Street, On Street, Visitor
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:Assigned: Yes
  • Parking:On Street: Yes
  • GarageParking:Common: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units, Other
  • Cooling Y N: Yes
  • Heating: Electric
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 680.44
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Trash: Yes

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Size Sq Ft: 46173.6
  • Parcel #: 27-00142-0000-00003-512
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5785.0

MLS Schools

  • High School: Long Branch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2020
Closed on
Jun 29, 2020
Sold by
480 Ocean Avenue Llc
Bought by
Murphy Myles P
Seller's Agent
Lou Ventre
C21 Thomson & Co.
Buyer's Agent
Thomas Verdiglione
Douglas Elliman of NJ LLC
List Price
$344,900
Sold Price
$335,000
Premium/Discount to List
-$9,900
-2.87%
Total Days on Market
30
Current Estimated Value
$614,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,668
Avg. Annual Appreciation
13.04%
Original Mortgage
$143,000
Outstanding Balance
$128,975
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$477,343

Purchase Details

Listed on
Sep 13, 2012
Closed on
Sep 12, 2012
Sold by
Amormino Joyce L
Bought by
480 Ocean Avenue Llc
Seller's Agent
Louis Ventre
Gloria Nilson & Co. Real Estate
Buyer's Agent
Sutah Ann Robins
Gloria Nilson & Co. Real Estate
Sold Price
$16,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.84%

Purchase Details

Closed on
May 18, 2000
Sold by
Esposito Salvatore
Bought by
Amormino Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,600
Interest Rate
8.19%

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Murphy Myles P $335,000 Old Republic Title Ins Co
480 Ocean Avenue Llc $20,000 Agent For Chicago Title Ins
Amormino Joyce $74,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Myles P $143,000
Previous Owner Amormino Joyce L $80,000
Previous Owner Amormino Joyce L $19,800
Previous Owner Amormino Joyce L $17,000
Previous Owner Amormino Joyce $59,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2020 06/30/20 Sold $335,000 -2.9% $364 / Sq Ft
06/01/2020 06/01/20 Pending -- -- --
05/02/2020 05/02/20 For Sale $344,900 0.0% $374 / Sq Ft
03/07/2016 03/07/16 Rented $1,495 +3.1% --
02/01/2015 02/01/15 Rented $1,450 -91.0% --
11/01/2012 11/01/12 Rented $16,200 0.0% --
09/12/2012 09/12/12 Sold $200,000 -- $217 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,909 $542,100 $368,500 $173,600
2023 $7,909 $509,300 $341,700 $167,600
2022 $6,925 $377,200 $187,600 $189,600
2021 $6,925 $346,100 $211,700 $134,400
2020 $6,719 $321,500 $187,600 $133,900
2019 $5,785 $275,200 $187,500 $87,700
2018 $5,750 $272,000 $187,500 $84,500
2017 $5,109 $247,900 $165,000 $82,900
2016 $4,968 $245,800 $165,000 $80,800
2015 $4,026 $180,800 $100,000 $80,800
2014 $4,224 $199,900 $100,000 $99,900
Source: Public Records

Agents Affiliated with this Home

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Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22013825

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00142-0000-00003-512